SCommunity Improvement & Capacity BuildingEIN: 261560789· Ruling Year: 2010

Local Union 488 Ibew Building Corporation

Monroe, Connecticut

BHealth Score
58B

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Above Average

💰
$411K
Total Revenue
📊
$336K
Total Expenses
🏦
$3.2M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.8%
Year-over-year change (2022 → 2023)
Net Margin
+18.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.61
Net assets divided by total expenses
Liabilities-to-Assets
30.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$410,56016%$335,7933%$4,664,0763%
2022$487,69517%$325,2802%$4,804,0462%
2021$417,47690%$333,21713%$4,905,1703%
2020$219,37357%$293,68423%$5,034,6069%
2019$515,15332%$378,9882%$5,522,283
2018$754,64738%$386,42510%$5,533,9864%
2017$547,53626%$350,0803%$5,324,495
2016$435,8446%$360,0387%$5,300,4252%
2015$411,6503%$337,33611%$5,387,8132%
2014$422,7488%$380,5434%$5,470,9132%
2013$457,29461%$364,6419%$5,579,1841%
2012$1,182,232166%$401,952375556%$5,630,72359%
2011$443,956$107$3,548,115

Frequently Asked Questions

What does Local Union 488 Ibew Building Corporation do?

Local Union 488 Ibew Building Corporation is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S47 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Local Union 488 Ibew Building Corporation financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Local Union 488 Ibew Building Corporation.

How much revenue does Local Union 488 Ibew Building Corporation generate?

Local Union 488 Ibew Building Corporation reports $211K in annual revenue and holds $5.5M in total assets, based on IRS filings.

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